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aliokatan t1_ivygtzb wrote

Obama did Cash for Clunkers which means all the old cheap junkers got compacted a decade ago.

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TSMKFail t1_ivyibit wrote

We had something kind of like that for diesel cars called the scrapped scheme. Its the reason Jeremy Clarkson was able to get a Volvo for £1 in a Top Gear Challange.

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ann0yed t1_ixwcze2 wrote

People really find anything to blame on Obama. The pandemic and reduction of car sales in 2020-2021 is why prices are currently up. Cash for clunkers did have an effect on used car prices a few years after it rolled out but we're talking around a decade ago.

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